6958 Jih Sun Taiwan Jun: Additional Endorsement Guarantee Provided for Subsidiary Funding
AI Summary (NQ-processed)
Jih Sun Taiwan Jun announced the addition of a new endorsement guarantee amounting to NT$599,119,000 to support its subsidiary, Jih Sun International Leasing Co., Ltd., in securing operational funding. As of the event date, the total endorsement guarantee balance reached NT$23,075,770,000, representing 222.00% of the company's latest financial statement net worth.
AI Analysis
Frequently Asked Questions
Q: Why is Jih Sun Taiwan Jun's endorsement guarantee concerning?
A: The guarantee balance reaches 222% of net worth, posing significant financial risk if the subsidiary defaults.
Q: What is the guaranteed company's accumulated loss?
A: Jih Sun International Leasing has an accumulated deficit of NT$656,589,000.
Q: When will the guarantee liability be released?
A: Upon full repayment of the credit facility and fulfillment of all contractual obligations.